By Kevin Buckland TOKYO (Reuters) – Japan’s stock benchmark rallied on Friday to the highest since August 1990, the country’s “bubble” era, driven by a confluence of positive factors from strong earnings to an economy showing signs of revving up and optimism over a U.S. debt ceiling deal. The Nikkei benchmark index jumped as high…
(Reuters) -Air raid alerts sounded throughout Ukraine early on Friday, with some areas later reporting explosions and officials saying anti-aircraft units were in action in several regions. The alerts extended to all regions of the country for about an hour from 2 a.m. (2300 GMT). But there were no reports of strikes on infrastructure or…
(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid issues, and changes month to October, not November, in paragraph 18) By Lewis Jackson SYDNEY (Reuters) – Australians are starting to buy electric vehicles in large numbers, and the government…
By Andrew Hayley XIAN, China (Reuters) -Chinese President Xi Jinping on Friday unveiled a grand plan for Central Asia’s development, from building infrastructure to boosting trade, taking on a new leadership role in a region that has traditionally been a Russian sphere of influence. China is ready to coordinate development strategies with Kazakhstan, Kyrgyzstan, Tajikistan,…
By David Lawder WASHINGTON (Reuters) -The U.S. and Taiwan reached agreement on the first part of their “21st Century” trade initiative, covering customs and border procedures, regulatory practices, and small business, the U.S. Trade Representative’s office said on Thursday. After the initial agreement of the U.S.-Taiwan Initiative on 21st Century Trade is signed, negotiations will…
(Reuters) – Top advertising agency GroupM has told its clients that it no longer considers Twitter “high-risk” and is “cautiously optimistic” about the appointment of Linda Yaccarino as its new chief, the Financial Times reported on Friday. Yaccarino will take over the social media platform beset with challenges and a heavy debt load, after she…
(Reuters) – Top advertising agency GroupM has told its clients that it no longer considers Twitter “high-risk” and is “cautiously optimistic” about the appointment of Linda Yaccarino as its new chief, the Financial Times reported on Friday. Yaccarino will take over the social media platform beset with challenges and a heavy debt load, after she…
By Sinead Cruise LONDON (Reuters) – A dearth of deals, banking sector ructions and most recently the aftershocks of the demise of Credit Suisse have rapidly redrawn the European financial services industry jobs map this year. One example is banks in the region opportunistically targeting high-flyers affected by the impending takeover of Switzerland’s second largest…
By Lucy Craymer WELLINGTON (Reuters) – A 48-year-old homeless man appeared in New Zealand court on Friday on two charges of arson as police found a fifth body in the burnt out remains of a hostel in the capital Wellington. A blaze broke out on the top floor of the Loafers Lodge in the suburb of Newtown…
By David Randall NEW YORK (Reuters) – A potential deal to lift the U.S. debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks that have been havens this year and shift into the rest of the market, some investors believe. Strong balance sheets and predictable cash flows have…
